US threatens to impose tariffs of up to 100% on $2.4B in French goods in retaliation for a digital services tax it says is discriminatory
France's digital service tax is designed to prevent tech companies from dodging taxes by putting headquarters in low-tax European countries.
The US on Monday threatened to impose tariffs of up to 100% on $2.4 billion in French goods in retaliation for a digital services tax it says is discriminatory.The French tax is designed to prevent tech companies from dodging taxes by putting headquarters in low-tax European countries. It would impose a 3% annual levy on French revenues of digital companies with yearly global sales worth more than $830 million and French revenue exceeding $28 million.
USTR Robert Lighthizer warned that Washington is also considering widening the investigation to look into similar taxes in Austria, Italy, and Turkey.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
23 Jokes About 'Camp Rock' That Are 100% Funny To Anyone Who's Seen The Movie'I'm gonna Camp Rock your world.'
Lire la suite »
'Succession' and the Theme Song That Launched 100 Memes
Lire la suite »
Death toll nears 100 in Syria's Idlib – monitorAt least 96 fighters have been killed over 48 hours in Idlib during clashes between the two sides, the Syrian Observatory for Human Rights said. Meanwhile, Russian air strikes killed more than 10 civilians in Maarat al Numan and Saraqib.
Lire la suite »
China wants rollback of tariffs in phase one trade deal with U.S.: Global TImesBeijing is insisting that a rollback of tariffs must be part of any phase one tr...
Lire la suite »
China wants U.S. tariffs rolled back in phase one trade deal: Global TimesBeijing is insisting U.S. tariffs must be rolled back as part of any phase one t...
Lire la suite »
U.S.-China trade deal 'stalled because of Hong Kong legislation' - AxiosA trade deal between United States and China was now 'stalled because of Ho...
Lire la suite »